ADVOKAT IVAR BLIKRA AS: årsregnskap 2020 vs 2019
Shrank 13% on revenue
approved 2021-04-26; registry 2021-04-28; journal 2021 236545
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ADVOKAT IVAR BLIKRA AS. Revenue 2.14m NOK → 1.86m NOK (-12.9%). Net result +675.0k NOK → +634.5k NOK. Equity 3.61m NOK → 5.25m NOK.
On the constructive side: equity strengthened; payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.
Net tougher year on the published lines.
At a glance
Scorecard
What improved
-
↑
Equity strengthened
Book equity 3.61m NOK → 5.25m NOK (equity ratio 85.4% → 91.8%). Calculated
-
↑
Payroll decreased
Salary cost 1.49m NOK → 1.43m NOK (70% → 77% of revenue). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 2.14m NOK to 1.86m NOK (-12.9% YoY). Calculated
-
↓
Operating result weakened
Operating result +124.7k NOK → -40.3k NOK (op. margin 5.8% → -2.2%). Calculated
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↓
Net result weakened
Net result +675.0k NOK → +634.5k NOK (net margin 31.6% → 34.1%). Calculated
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↓
Cash fell
Bank deposits 2.75m NOK → 1.85m NOK (-32.7% YoY). Calculated